Filers who crave simplicity and want to save money on tax preparation will get the most out of Credit Karma Tax.
Because the platform doesn t have separate packages for specific tax situations, like self-employment or investment income, it relies on the user to find the tax forms they need beyond the most basic ones. It s a true do-it-yourself experience. That said, the interface is clear and easy to navigate, even for novices.
Credit Karma Tax is best for someone who doesn t anticipate needing expert help to complete their tax return.
You might like filing with Credit Karma Tax if you:
Ways to invest with SoFi
SoFi Invest has a very basic set of features:
No account or management fees and very low fees on funds
Complimentary access to Certified Financial Planners (CFPs)
The ability to invest in fractional shares of company stock
Either active or automated investing
Access to invest in cryptocurrency
For more advanced investors or those with more available capital, there s still quite a bit to like about SoFi Invest. For instance, users with at least $3,000 across all SoFi Invest accounts will be eligible to invest in its upcoming IPO offerings.
In addition, if all you re looking to do is put your money in low-cost Vanguard or other index ETFs, then SoFi s fee-free accounts may be all that you need. If you are interested in tax-loss harvesting or trading more actively with stop-loss orders, you may want to consider other brokerages.